VES - Venezuelan Bolívar currency

Venezuela flag Venezuela

The Venezuelan Bolívar (VES) is the official currency of Venezuela, issued by the Central Bank of Venezuela. Venezuela has undergone multiple currency reforms due to hyperinflation, leading to the introduction of the Bolívar Soberano (2018) and the Bolívar Digital (2021). The Bolívar has suffered from extreme devaluation due to economic mismanagement, reliance on oil exports, and U.S. sanctions. While the government continues to issue Bolívars, the U.S. Dollar (USD) is widely used in Venezuela for transactions, given the instability of the local currency. The Bolívar is subdivided into 100 céntimos, though due to hyperinflation, lower denominations have become practically obsolete.

VES - Venezuelan Bolívar profile

Symbol Bs.
ISO 4217 Code VES
Central Bank Central Bank of Venezuela
Nicknames Bolívar
Countries using this currency Venezuela

VES - Venezuelan Bolívar
live currency rates

Last updated:
Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

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